4 comments:

Speaking to many farmers around here (Australia) they say that people have been telling them for decades that the worlds population is growing / there is food shortages / China & India are developing rapidly and want our food / etc. etc. which will soon translate into better prices and improved income for the farmer. But instead what has happened consistently over the years is that prices have DECLINED rather than improved, and this trend seems only to be continuing. Now more than ever farmers are struggling to makes ends meet.These farmers of course all sell wholesale.

I wonder if their lot would really improve in the scenario described in your video...whether the higher prices would ever trickle down to the farmers themselves? Or will the middle-men continue to squeeze those farmers and keep them working for peanuts? Maybe they will all just fold and/or retire without succession to be consolidated into the ever-growing corporate run mega farms.

Speaking to many farmers around here (Australia) they say that people have been telling them for decades that the worlds population is growing / there is food shortages / China & India are developing rapidly and want our food / etc. etc. which will soon translate into better prices and improved income for the farmer. But instead what has happened consistently over the years is that prices have DECLINED rather than improved, and this trend seems only to be continuing. Now more than ever farmers are struggling to makes ends meet.These farmers of course all sell wholesale.

I wonder if their lot would really improve in the scenario described in your video...whether the higher prices would ever trickle down to the farmers themselves? Or will the middle-men continue to squeeze those farmers and keep them working for peanuts? Maybe they will all just fold and/or retire without succession to be consolidated into the ever-growing corporate run mega farms.

I agree (and hope) that food is undervalued at the moment and we're due for a correction, but I don't expect to see an economy where farmers are getting rich. Maybe the owners of mega-farms, CEOS, and commodity traders (but they're already rich aren't they?). I don't think that small-medium scale family farming has ever been a vocation that makes one well-off. If nothing else, if food prices go up it's probably because energy prices are going up as well, which is going to cancel out a lot of those profits for commodity growers.